Hyperliquid (HYPEUSD) Price Pumping Up Again, Time to Buy

Hyperliquid Price Forecast: January 21

Hyperliquid (HYPEUSD) price is pumping up again, suggesting a good time to buy the coin for the coin traders. The coin price climbs steadily amid the ongoing crypto rally. If the coin price could sustain above the pattern supply trend line to revisit the previous high of $29.25, the potential recovery could assist buyers in reaching the $35.00 upper high level, indicating a growth opportunity of 60%, reflecting growing investors’ interest and momentum.

Key Levels:
Resistance Levels: $24.00, $25.00, $26.00
Support Levels: $18.00, $17.00, $16.00

HYPEUSD Long-term Trend: Bullish (4H chart)

The Hyperliquid price is pumping up again following Trump’s presidential inauguration, hitting a new all-time high of $22.60 in its long-term outlook. The coin price trades above the moving averages, indicating the pair is uptrend.
However, the bulls’ pressure to the $22.44 high value in the previous action has sustained the coin price above the resistance trend levels in its recent high.

The HYPEUSD price is pumping up again today. The crypto price surged to a $22.60 high mark above the moving averages, attracting an unusually high number of new entrants in the market.

However, there are bullish signals above the level of $21.88, indicating a possible further increase in the market value. Thus, a potential breakout above $29.25 resistance could kick start a new recovery cycle to the upper resistance zone.

Further, the Hyperliquid price indicates an upward momentum on the daily signal, implying that the pair will continue to pump up and this may get to the $35.00 upper resistance trend mark in the days ahead as it continues pumping up again in its long-term outlook.

HYPEUSD Medium-term Trend: Bullish (1H chart)

HYPEUSD is pumping up again and remains bullish in the medium-term outlook. The price currently trades above the EMA line, indicating a bullish scenario. This breakout triggers a smooth bull cycle pattern, leading the prices to an overhead trend line.
The pair has been having a series of higher highs and higher lows, enhancing the coin price to remain firm in an upward trend in its recent high.

Earlier today, the Hyperliquid market experienced another pumping up again as the long traders caused a rise in the token price to a $22.60 high level above the moving averages, as the bulls target further price recovery.

Thus, if the bulls breach the $29.25 peak barrier, the next resistance level to watch out for would be around the $35.00 level.

In addition, the price of HYPEUSD is up on the daily stochastic, suggesting that the coin may continue pumping up. As a result, the price action may likely hit the $35.00 upper resistance level in the coming days in its medium-term time frame.

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